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Jan 22, 2013
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rich edson is at one of the balls. the president isn't going to that one first, when he is waiting for is not the one that rich edson is already at. what are your thoughts? reporter: the commander in chief ball is first. it's a lot more exclusive. 4000 members of the military, there is no fee to get in. it was by invite only. the first lady and the president will dance with members of the military. we are here with 35,000 expected. this is a 700,000 square-foot venue where a number of acts are playing. stevie wonder, john legend, the folks from the tv show "glee", smokey robinson, usher, katy perry. i am surprised, can you hear this from the white house? i know it's across town, but i can barely hear a thing. neil: it is just as well because we have been criticizing you and your reporting, it is always second to none and always outstanding. but you give the impression of wearing a tuxedo earlier. the crew and i have been wondering if it is a very nice suit made to look like a tuxedo. so from a distance you appear to be
rich edson is at one of the balls. the president isn't going to that one first, when he is waiting for is not the one that rich edson is already at. what are your thoughts? reporter: the commander in chief ball is first. it's a lot more exclusive. 4000 members of the military, there is no fee to get in. it was by invite only. the first lady and the president will dance with members of the military. we are here with 35,000 expected. this is a 700,000 square-foot venue where a number of acts are...
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the white house is where rich edson is. we are waiting for the president come out of the meeting with senate democrats. we have a video showing him going in almost 40 minutes ago. has he said anything? have you heard anything? >> is continuing on capitol hill. joe biden was cut this deal. mitch mcconnell is trying to sell it to some skeptical democrats. congressional leaders are essentially giving the okay on this, but this is something that has to get through both houses of congress. so what you have here is the vice president trying to relate to concerns of a number of the more liberal democrats who think that the tax threshold is too high for them. but there are other provisions of the one included that are not in there, and they are going to say, fiscal cliff is going to hit soon and this is the best deal we are quite yet. after that comment on the house republicans and house democrats that will need both of them to come up and vote for this thing, to get through on the house. the schedule is still a little murky. we do
the white house is where rich edson is. we are waiting for the president come out of the meeting with senate democrats. we have a video showing him going in almost 40 minutes ago. has he said anything? have you heard anything? >> is continuing on capitol hill. joe biden was cut this deal. mitch mcconnell is trying to sell it to some skeptical democrats. congressional leaders are essentially giving the okay on this, but this is something that has to get through both houses of congress. so...
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rich edson is standing by live on capitol hill. we have the video and show that to the people watching. he is now meeting with senate democrats. it doesn't sound like some of them are on board with this? >> there are a number of democrats that don't like the tax threshold. it preserves the current tax rates some of the democrats want the hikes to be lower. some other issues that the democrats have problems with, joe biden cut this deal with mitch mcconnell. so if he is and they're selling it. congressional aides say yes, we do have a deal among the congressional leadership and that the white house, this is something that still has to get through both houses of congress. we are also giving details on one of the last sticking point that was finally just resolved. the automatic spending cuts, $94 billion that will hit the economy the beginning of next year. more than a trillion over the next decade. this is how it's been resolved. the automatic cuts have been shut off, they have been pushed back for up to two months. basically what th
rich edson is standing by live on capitol hill. we have the video and show that to the people watching. he is now meeting with senate democrats. it doesn't sound like some of them are on board with this? >> there are a number of democrats that don't like the tax threshold. it preserves the current tax rates some of the democrats want the hikes to be lower. some other issues that the democrats have problems with, joe biden cut this deal with mitch mcconnell. so if he is and they're selling...
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Jan 31, 2013
01/13
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here now with more is rich edson. rich: no expand outreach to other executives, academics and labor leaders. the president is allowing his jobs council to expire after two years, for presidential meetings in several recommendations. one council member says the group is a disappointment. >> i think the people that were on it could have done a more realistic job. good job council it didn't embrace the president's jobs program is one you have to say what are they up to? rich: a spokesperson says to us and the abysmal nature of our economic recovery, look no further than the disinterest in learning lessons from actual job creators. whether ignoring the group or rejecting the recommendations, president treated the jobs council is more of a nuisance than a vehicle to spur job creation. republicans up until the council's most recent meeting with the president was more than a year ago. the white house says they have embraced and employed some of the fast tracking tourist visas and construction project permitting. other recomm
here now with more is rich edson. rich: no expand outreach to other executives, academics and labor leaders. the president is allowing his jobs council to expire after two years, for presidential meetings in several recommendations. one council member says the group is a disappointment. >> i think the people that were on it could have done a more realistic job. good job council it didn't embrace the president's jobs program is one you have to say what are they up to? rich: a spokesperson...
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rich edson on capitol hill as we await the ball drop and the fiscal cliff to hit. rich: we have just gotten a back of the envelope, unofficial congressional budget office.
rich edson on capitol hill as we await the ball drop and the fiscal cliff to hit. rich: we have just gotten a back of the envelope, unofficial congressional budget office.
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rich edson is live on capitol hill keeping track of this for us. rich, is there any word what specifically they're discussing in this meeting and whether or not they're making any progress? >> well, diane, the point here is whether or not to amend this bill, to change this bill or bring this bill, the proposal that passed the senate last evening up to the house floor to a vote. this is a decision that house republicans will have to make fairly soon here. they're getting pressure from a number of different folks, especially democrats who say, basically pressure them to hold a vote on it. >> we don't believe that compromise is a dirty word and unfortunately among house republicans that seems to be a growing sentiment. that even a bill that was put together by republicans and democrats in the united states senate, 89 votes strong, is a bill that somehow the house republicans won't even allow us to have up-or-down vote on. >> there is sentiment among somm republicans if they change this proposal, amend it and send it back to the senate they understand
rich edson is live on capitol hill keeping track of this for us. rich, is there any word what specifically they're discussing in this meeting and whether or not they're making any progress? >> well, diane, the point here is whether or not to amend this bill, to change this bill or bring this bill, the proposal that passed the senate last evening up to the house floor to a vote. this is a decision that house republicans will have to make fairly soon here. they're getting pressure from a...
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connell: thank you, rich edson. dagen: let's bring in matt welch. how do these nominations play into, again, the defense cuts that are on tap and other cuts that are on hand? >> first of all, happy birthday. congratulations on being able to drink. [ laughter ] dagen: you are welcome back every day. >> it will be on march 1 or february 28 right now. the president needs someone on his own site who has been thinking about cutting military spending right now. he would get tossed out in a second. he is a republican so the president is exposing rifts within the republican position. we do actually need to cut military spending. connell: you think he will still get through the senate. >> that is the question. connell: i think a lot of the republicans that we are done talking about taxes after the last cliff. nancy pelosi said this. >> you know, the president had said he wanted $1.6 trillion in revenue. he took it down to 1.2 as a compromise. it is not enough on the revenue side. connell: if you thought tax hikes were off the table, forget about it. >> there
connell: thank you, rich edson. dagen: let's bring in matt welch. how do these nominations play into, again, the defense cuts that are on tap and other cuts that are on hand? >> first of all, happy birthday. congratulations on being able to drink. [ laughter ] dagen: you are welcome back every day. >> it will be on march 1 or february 28 right now. the president needs someone on his own site who has been thinking about cutting military spending right now. he would get tossed out in...
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Jan 1, 2013
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team fox coverage continues with rich edson on capitol hill. rich, what's the latest on that framework. >> trace, in just a few hours, tax rates across the board are scheduled to increase. this proposal deals with it. this is the framework that senators have been discussing here. families would pay the same income tax rates they do now on the first $450,000 of income amounts of more than that they get a tax increase. one year extension of long-term unemployment benefits. doctors are scheduled to get a significant pay cut. this plan prevents that and on the estate tax, can you palings -- pass on $5 million tax tree anything more the government takes 40%, trace. >> trace: what's the hold-up from lawmakers exactly? >> in some corners, it's the spending cuts dealing with the sequester. those automatic spending cuts that are supposed to hit the economy this year or this upcoming year. there are democrats that have issue. senate democrats have not signed off on this framework yet. with that, vice president joe biden is scheduled to come to the hill t
team fox coverage continues with rich edson on capitol hill. rich, what's the latest on that framework. >> trace, in just a few hours, tax rates across the board are scheduled to increase. this proposal deals with it. this is the framework that senators have been discussing here. families would pay the same income tax rates they do now on the first $450,000 of income amounts of more than that they get a tax increase. one year extension of long-term unemployment benefits. doctors are...
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Jan 23, 2013
01/13
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rich edson standing by. rich: in the next few minutes or so, the house will vote on this new proposal. it extended to may 19. the lawmakers will not get paid until the end of congress. if the senate does not produce, they will not get paid until the end either. congressman bill class -- how are you going to vote? >> the senate will actually have to pass a budget. they have not done so in four years even though it is the law that they do. there is a minimal obligation to the american people. it will be great. rich: there are no spending cuts as part of this. you are raising the debt ceiling for a few months with no spending cuts. is that a problem? >> the automatic cuts are coming right down the pike. right after that, there will be a continued resolution. another opportunity to rein in that spending. we are all inpatient to get the fiscal house in order, all impatient to make sure that medicare and medicaid are secure, but in the step-by-step process, i think we get there. rich: there are still major differe
rich edson standing by. rich: in the next few minutes or so, the house will vote on this new proposal. it extended to may 19. the lawmakers will not get paid until the end of congress. if the senate does not produce, they will not get paid until the end either. congressman bill class -- how are you going to vote? >> the senate will actually have to pass a budget. they have not done so in four years even though it is the law that they do. there is a minimal obligation to the american...
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Jan 1, 2013
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rich edson with the fox business network joins us. that make moms happy too. with wholesome noodles and bite sized chicken, nothing brings you together like chicken noodle soup from campbell's. it's amazing what soup can do. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur but thanks to hotwire, this year we got to take an extra trip. because they get us ridiculously low prices on really nice hotels and car rentals. so we hit boston in the spring-- even caught a game. and with the money we saved, we took a trip to san francisco. you see, hotwire checks the competitions' rates every day so they can guarantee their low prices. so, where to next? how about there? ♪ h-o-t-w-i-r-e... ♪ hotwire.com >> bret: welcome back to washington. looking live at the ohio clock outside the senate chamber for a deal that has been struck acco
rich edson with the fox business network joins us. that make moms happy too. with wholesome noodles and bite sized chicken, nothing brings you together like chicken noodle soup from campbell's. it's amazing what soup can do. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours....
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rich edson has been on capitol hill all day keeping track of this for us. rich for those tuning in a little foggy from celebrating last night. start things off with kind after recap. what is in the senate bill? what options are on the table for the house and what kind of progress have you seen so far, maybe lack thereof? >> die can, in about the last hour or two there has been real momentum shift to actually getting this thing done, perhaps having a vote on the senate bill. as you mentioned the rules committee meets in just about 10 minutes. they are scheduled to meet in 10 minutes that would really open up the pathway for this bill to make it onto the house floor and finally get an up-or-down vote. the recap on this, basically this bill sends income tax levels back to where they were, yesterday really, the bush-era tax rates for income amounts, for families earning less than $450,000 a year. it preserves the 15% top rate for capital gains and dividends for income amounts of families earning less than $450,000 a year. increase to 20% of amounts more than th
rich edson has been on capitol hill all day keeping track of this for us. rich for those tuning in a little foggy from celebrating last night. start things off with kind after recap. what is in the senate bill? what options are on the table for the house and what kind of progress have you seen so far, maybe lack thereof? >> die can, in about the last hour or two there has been real momentum shift to actually getting this thing done, perhaps having a vote on the senate bill. as you...
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Jan 18, 2013
01/13
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ask rich edson. saving the best for last, morgan stanley surges after putting a close on this week's bank results. tracy: georgia, other states are helping offices in california to lure businesses to relocate. it sounds so sneaky. we'll find out what they're doing. let's check out oil is trading as we head out to break. it is pretty much flat. $95.52 a barrel. we'll be right back [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. tracy: it is time to make some money with charles payne. this hour he has a stock from the industrial metals and hundred ral
ask rich edson. saving the best for last, morgan stanley surges after putting a close on this week's bank results. tracy: georgia, other states are helping offices in california to lure businesses to relocate. it sounds so sneaky. we'll find out what they're doing. let's check out oil is trading as we head out to break. it is pretty much flat. $95.52 a barrel. we'll be right back [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook what you love, and...
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i want to bring in rich edson live on capitol hill. you have been monitoring the conversations we're getting from the g.o.p. side as well, what are you hearing? rich: there is definitely some in the republican congress who want to change or amend this proposal and that would undo the deal. if you make any changes, you have to go back to the senate and you have this bipartisan agreement signed off by the president, joe biden, mitch mcconnell, there's a feeling if you tinker with it, it opens this whole thing up again. it could really push this deal off quite a significant way. i just spoke to the democrat walking through our shot here, he said i want this basically hold your nose type of vote. it is not everything we want, there is a feeling among democrats in the house, this is what we have got to deal with, bipartisan agreement sailing through the senate earlier this morning and something that should get a vote in the house. that is unclear right now. they're still considering legislation, still considering a path forward and to a num
i want to bring in rich edson live on capitol hill. you have been monitoring the conversations we're getting from the g.o.p. side as well, what are you hearing? rich: there is definitely some in the republican congress who want to change or amend this proposal and that would undo the deal. if you make any changes, you have to go back to the senate and you have this bipartisan agreement signed off by the president, joe biden, mitch mcconnell, there's a feeling if you tinker with it, it opens...
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rich edson live on capitol hill. rich, interesting we got word almost exactly the same time the house was considering this proposal to send an amended bill back to the senate and senate was calling it quits for the night and coming back tomorrow afternoon. are they messing with us? do they want to get a deal done? because it doesn't seem it like now. >> i'm beginning to think so they are directly messing with us. if you see what is happening now, unrelated votes on house floor they get to lawmakers in one spot. making it certain for republican leadership to find out if they have 218 votes among republicans they need to change this bill. they might add $300 billion in spending cuts to this proposal. the problem that republicans have with this, there really aren't enough spending cuts in here for them. so there is a move among a number about republicans to add those spending cuts. so there are basically two choices now. gop leadership aide confirms to fox business you can either have this amendment, attach those spendi
rich edson live on capitol hill. rich, interesting we got word almost exactly the same time the house was considering this proposal to send an amended bill back to the senate and senate was calling it quits for the night and coming back tomorrow afternoon. are they messing with us? do they want to get a deal done? because it doesn't seem it like now. >> i'm beginning to think so they are directly messing with us. if you see what is happening now, unrelated votes on house floor they get to...
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rich edson live from capitol hill. thank you for being here. everybody, as i said, we will continue to keep you updated. that's the latest. we will be back at 10:00 p.m. will break-in at any time as we give more news. also, don't forget, fox business will be live tomorrow morning at 5:00 a.m. for special coverage as the markets open here in the u.s. and start reacting to all of this. >> reporter: co2 emissions. when you look at countries around the world, australia, new zealand, huge backlash in ontario, we're seeing backlash against the large wind projects going in all over the place. gerri: talkbout new york. you have an interesting example there. >> just last month lawyers here in new york filed lawsuits, 60 residents in herkimer county, just north of albany, they filed lawsuit saying these project, wind turbines, built within 1000 feet or so of residences are emitting all the noise, keeping them up at night, diminishing property values and th filed suit. i think it is indicative of the backlash. gerri: this is interesting. you say this is t
rich edson live from capitol hill. thank you for being here. everybody, as i said, we will continue to keep you updated. that's the latest. we will be back at 10:00 p.m. will break-in at any time as we give more news. also, don't forget, fox business will be live tomorrow morning at 5:00 a.m. for special coverage as the markets open here in the u.s. and start reacting to all of this. >> reporter: co2 emissions. when you look at countries around the world, australia, new zealand, huge...
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he will bring in rich edson has been live from capitol hill all day. working hard to keep us updated, which we appreciate. the president says this will reduce the deficit. someone has to be wrong here. >> speaker there are a number of different ways that folks are dissecting what this means for the deficit and debt. we are on to the next round. president obama, first off said that he refuses to have a debt ceiling fight with congress. it's really up up to congress because it's congress that passes an increase and republicans have a very different view on that. we have already started the debt ceiling fight a few minutes after the congress has passed a fiscal cliff deal. on top of that coming here from the president about the next round on deficit reductions, saying that he wants to have the wealthiest corporations and individuals take advantage of fewer tax loopholes. he asserted that his rate increase and now he wants to deal with loopholes and deductions. he says that he wants more spending and investments at the white house calls it on infrastructur
he will bring in rich edson has been live from capitol hill all day. working hard to keep us updated, which we appreciate. the president says this will reduce the deficit. someone has to be wrong here. >> speaker there are a number of different ways that folks are dissecting what this means for the deficit and debt. we are on to the next round. president obama, first off said that he refuses to have a debt ceiling fight with congress. it's really up up to congress because it's congress...
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Jan 28, 2013
01/13
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rich edson. appreciate it. cheryl: well, coming up next we are going to go shopping luxury shopping. find out which high-end brands could bring your portfolios to a higher level. david: if college didn't cost so much, around 60 grand a year in my case, people could buy even more luxury items that could be changing. find out about an ivy league education about half the price of what is normal. we'll tell you how they do it, coming up. ♪ david: according to a report released today by the national retail federation, retail sales are expected to rise 3.4% in 2013. this looks good but this is significantly lower than the 4.2% growth in 2012. cheryl: higher payroll raises and coming fiscal cliff drama expected to weigh on the consumer spending but he says outlook looks pretty bright. he says he was named a rising star in wall street research by institutional investors. congratulations. on that. luxury took a bit of a hit in 2012. the sector overall, we saw the middle tier players jumping back in. why do you say lux
rich edson. appreciate it. cheryl: well, coming up next we are going to go shopping luxury shopping. find out which high-end brands could bring your portfolios to a higher level. david: if college didn't cost so much, around 60 grand a year in my case, people could buy even more luxury items that could be changing. find out about an ivy league education about half the price of what is normal. we'll tell you how they do it, coming up. ♪ david: according to a report released today by the...
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tracy: rich edson, thanks for all that. ashley: jack lew then must face the senate before he takes the helm at treasury department. with the top republican on budget committee already speaking out against lew are we in for a bumpy confirmation process on capitol hill? joining us bob cusack, managing editor of "the hill." it could be interesting, bob. we mentioned senator jeff sessions, top ranking republican on the senate budget committee and he said, quote, in a statement that is now at, out, jack lew must never be treasury secretary. he has critics but do you think he will get through the confirmation process. >> i do. sessions will not vote for lew but lew is definitely qualified for the job. republicans, other comments coming in from senator orrin hatch, the top republican on the finance committee. he says we need it to focus on questions about this administration's policy on spending whether medicare, social security where are the specific cuts? i think republicans will look at this and not go after lou personally but
tracy: rich edson, thanks for all that. ashley: jack lew then must face the senate before he takes the helm at treasury department. with the top republican on budget committee already speaking out against lew are we in for a bumpy confirmation process on capitol hill? joining us bob cusack, managing editor of "the hill." it could be interesting, bob. we mentioned senator jeff sessions, top ranking republican on the senate budget committee and he said, quote, in a statement that is now...
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rich edson, minimum for most americans taxes will go up a minimum $1000 depending on how much you make, correct? >> that is right. depending on whether or not the senate and the house can pass this deal is leadership has agreed to. what you have got now are essentially broad-based tax hikes. the questions we're getting over the fiscal cliff, technically we are in this gray area riggt now where administratively puts things off because we do have an agreement on legislation. still has to go through the house and the senate at this point, but technically speaking here we are over the fiscal cliff. adam: $620 billion in new tax hikes, this will not taste good later this morning republicans in the house. we'll have to consider this next. rich: he still has to sell this thing. the publicans in the house if they don't come along on this thing, they will be the ones who have gone back on a deal. approval for the senate minority leader mitch mcconnell and democrat at this point if it passes the senate and goes on to the house, hasn't passed the senate yet, so as to go through that. if it goes i
rich edson, minimum for most americans taxes will go up a minimum $1000 depending on how much you make, correct? >> that is right. depending on whether or not the senate and the house can pass this deal is leadership has agreed to. what you have got now are essentially broad-based tax hikes. the questions we're getting over the fiscal cliff, technically we are in this gray area riggt now where administratively puts things off because we do have an agreement on legislation. still has to go...
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sandra: thank you, rich edson. ashley: earnings season kicks off tomorrow with alcoa reporting earnings after the bell as we get the next season underway. our next guest is thinking out of his crystal ball and giving you three names that could beat and three that could miss estimates. sandra: i have to give you some credibility. in the last earnings season you correctly predicted 80% of the companies that were analyzed, so we're looking to you, we hope you have a crystal ball. what is the pick? where do you see things going because the market looks like it may not be so great. >> that is not surprising. earning estimates for the s&p 500 are 2.8% year over year. that is not a fantastic number. that number 10%, slows estimates brought down quite a bit the last three months. a little bit on weaker consumers and the fiscal cliff, but things aren't looking so great, since estimates are so low now, look for companies to beat them by enough to make a quarter look good, that is the question we will need to answer. ashley:
sandra: thank you, rich edson. ashley: earnings season kicks off tomorrow with alcoa reporting earnings after the bell as we get the next season underway. our next guest is thinking out of his crystal ball and giving you three names that could beat and three that could miss estimates. sandra: i have to give you some credibility. in the last earnings season you correctly predicted 80% of the companies that were analyzed, so we're looking to you, we hope you have a crystal ball. what is the pick?...
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Jan 22, 2013
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rich edson live on capitol hill. hi, rich. >> hey, lauren, we'll get that vote tomorrow in the house to extend the debt ceiling to the middle of may. when it comes to a longer term debt solution, longer-term debt ceiling solution and when it comes to taxes and spending the parties are far apart as they always been a day of a the president's inauguration and one which both parties have a very different take on the president's address. >> people can criticize president obama about a lot of things but not his ability to communicate and i think he communicated to the american people a message of hope, a message of action, and i liked it very much. i, we should move past the name-calling phase. >> one thing was pretty clear from the president's speech yesterday. the era of liberal system back and unabashedly far left of center inauguration speech. certainly brings back memories of the democratic party of ages past. if the president pursues that kind of agenda, obviously it is not designed to bring us together. >> house sp
rich edson live on capitol hill. hi, rich. >> hey, lauren, we'll get that vote tomorrow in the house to extend the debt ceiling to the middle of may. when it comes to a longer term debt solution, longer-term debt ceiling solution and when it comes to taxes and spending the parties are far apart as they always been a day of a the president's inauguration and one which both parties have a very different take on the president's address. >> people can criticize president obama about a...
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Jan 21, 2013
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rich edson is there with the latest. rich: the congressional lunch and just about wrapping up when the inaugural parade begins. president obama wrapping up his second inaugural address are fighting a stron stronger defenr his governing philosophy that government can provide dignity and equality to the people of america. also on top of this it almost seemed for a while as if it was a response to the words spoken by president ronald reagan in 1981 when he said government is not the solution to the problem, government is the problem and president obama saying in this particular address providing a strong defense for the nation's entitlement programs. >> the commitments we make to each other for medicare and medicaid and social security, these things do not stop our initiative, they strengthen us. they do not make us a nation of takers, they free us to take the risks that make this country great. rich: calling for bipartisansh bipartisanship. this is very much on a surface a day for bipartisanship with reality hits in washin
rich edson is there with the latest. rich: the congressional lunch and just about wrapping up when the inaugural parade begins. president obama wrapping up his second inaugural address are fighting a stron stronger defenr his governing philosophy that government can provide dignity and equality to the people of america. also on top of this it almost seemed for a while as if it was a response to the words spoken by president ronald reagan in 1981 when he said government is not the solution to...
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Jan 10, 2013
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rich edson, thank you very much live from the white house. the closing bell's going to ring, we now have 52 minutes to go. epr properties is not your traditional real estate investment trust. no strip malls in this one, but they still pay big dividends. believe it or not o, movie theaters, schools. find out why they think that entertainment and education are the places to be, to find growth in 2013 and beyond. a conversation with epr properties' ceo and president david brain coming up next in a fox be business exclusive. keep it here. ♪ what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. [ male announcer ] save on ground shipping you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps co
rich edson, thank you very much live from the white house. the closing bell's going to ring, we now have 52 minutes to go. epr properties is not your traditional real estate investment trust. no strip malls in this one, but they still pay big dividends. believe it or not o, movie theaters, schools. find out why they think that entertainment and education are the places to be, to find growth in 2013 and beyond. a conversation with epr properties' ceo and president david brain coming up next in a...
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Jan 23, 2013
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david: rich edson, one of the best reporters i know in washington. we are awaiting the numbers on apple. the stock is about 30% off of the all-time high in fall. could we see the earnings decline for the first time in almost 10 years? keep it right here, a very important our coming straight up. sandra: seaway president of iceland is against big bank bailouts. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. sandra: you think our ranking crisis was ba back in 2008? it was, but imagine iceland. their three against banks failed. they just failed, the banks of the same leveraged that our state of the governments took the opposite approach of the u.s. so did the world end? hardly so, david. david: the world economic forum with a leader who had to make that tough choice. liz: david, the world hardly froze up and ended for iceland. sure, they had majo have major , 10% unemployment, 90% of the value lost, but today it is a much different story. we want to hear about this from the pres
david: rich edson, one of the best reporters i know in washington. we are awaiting the numbers on apple. the stock is about 30% off of the all-time high in fall. could we see the earnings decline for the first time in almost 10 years? keep it right here, a very important our coming straight up. sandra: seaway president of iceland is against big bank bailouts. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. sandra: you...
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Jan 10, 2013
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rich edson, thanks so much. in light of everything that has happened some lawmakers are wondering should anyone have access to semiautomatic assault rifles and high-capacity magazines? according to the second amendment every american has the right to bear arms but alderman joe marino says not everyone should have access to the weapons. he hasn't heard an argument to believe otherwise. why do you think banning these particular weapons would solve the problem. >> i don't think it is a panacea, melissa, and that it will solve everything. let's be fair and very honest and perhaps unemotional about the argument which is very emotional argument. you have no solid reason that semiautomatic and high magazine capacity bullets are needed in our society. and if we take a look at what, the tragedy that happened in connecticut, the accessibility that that gentleman had, couldn't even call him a gentleman, that criminal had, to these kinds of weapons is why we had such a tragedy out there. and i just don't have, i have not he
rich edson, thanks so much. in light of everything that has happened some lawmakers are wondering should anyone have access to semiautomatic assault rifles and high-capacity magazines? according to the second amendment every american has the right to bear arms but alderman joe marino says not everyone should have access to the weapons. he hasn't heard an argument to believe otherwise. why do you think banning these particular weapons would solve the problem. >> i don't think it is a...
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Jan 15, 2013
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rich edson has the latest. rich: they have been figuring out what they want to propose. perhaps floating a delight in the implementation of the president's health care law. the bulk of the spending starts in 2014. that is just one of them any options they are hoping to discuss. major tax and entitlement reform. that will be discussed throughout the rest of the week. >> we have to come to a point where we stand and fight. i hope this is the time. there is no such thing in this definition. we'll pay social security, will you pay medicare or would you use it as a tool to try to get the house republicans to cave? rich: president obama said he will not negotiate. he will talk spending cuts and, perhaps, revenue. back to you. lori: thank you so much. new warnings on the debt ceiling. timothy geithner telling congressional leaders that the u.s. will exhaust its limit mid-february. bernanke urging congress to extend borrowing authority well before the deadline. the u.s. could lose its aaa rating, so where do we go from here? wonderful to have you with us. you believe the u.s. wi
rich edson has the latest. rich: they have been figuring out what they want to propose. perhaps floating a delight in the implementation of the president's health care law. the bulk of the spending starts in 2014. that is just one of them any options they are hoping to discuss. major tax and entitlement reform. that will be discussed throughout the rest of the week. >> we have to come to a point where we stand and fight. i hope this is the time. there is no such thing in this definition....
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Jan 1, 2013
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fox business network correspondent rich edson is on capitol hill. rich, you know, the market had a pretty good day today as all this talk was going back and forth. and i guess before the market closed. a lot of the talk was they were really, really close to a deal. >> right, bret. when you consider earlier in the day when we started getting news that they were moving much closer to a compromise, wall street jumped at this and stayed up for most of the day. dow up 166 points to close the day. s&p 500 up 24 points. the nasdaq up 59 finishing out a very solid year for wall street. dow up 7.3%. s&p up 13.4%. nasdaq up nearly 16%. though those numbers could shift next year especially if the fiscal cliff isn't solved, bret. >> bret: if this deal passes, the mini deal, which many republicans aren't happy about because it includes no new spending cuts, if this deal passes, is wall street happy? >> wall street is somewhat happy. it depends on which corners of wall street. this major parts of the fiscal cliff. when you prevent a broad based tax increase you a
fox business network correspondent rich edson is on capitol hill. rich, you know, the market had a pretty good day today as all this talk was going back and forth. and i guess before the market closed. a lot of the talk was they were really, really close to a deal. >> right, bret. when you consider earlier in the day when we started getting news that they were moving much closer to a compromise, wall street jumped at this and stayed up for most of the day. dow up 166 points to close the...
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Jan 23, 2013
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tracy: rich edson, thank you very much. that notion that their paycheck is dangling, you have got to believe is a little bit after fire. ashley: gets their attention. tracy: big-time. outing davos. tupperware chairman rick goings has been going to the global powwow for 10 years now. he says big changes are needed. his interview with liz claman is coming up. ashley: a good interview. david cameron's big surprise. how the british prime minister is causing a stir across the pond in europe. first as we do at this time every day let's take a look how oil is trading. the dow is up nearly 70 points, but the price of crude dropping more than 1 1/2% at $95.07 a barrel. officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. i had[ designer ]eeling enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enb
tracy: rich edson, thank you very much. that notion that their paycheck is dangling, you have got to believe is a little bit after fire. ashley: gets their attention. tracy: big-time. outing davos. tupperware chairman rick goings has been going to the global powwow for 10 years now. he says big changes are needed. his interview with liz claman is coming up. ashley: a good interview. david cameron's big surprise. how the british prime minister is causing a stir across the pond in europe. first...
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Jan 31, 2013
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let's go to rich edson for more. rich: they will begin a new effort to work with the business community. republicans charge the jobs council is nothing more than a facade designed to make voters and the president actually listened to businesses which we had no business doing so. including business and labor. meeting four times with the president. the last time more than a year ago. the recommendations to the jobs council were considered in the context of the president's broader economic policy and job creation agenda and while he didn't agree with everyone of their ideas, most of their recommendations were acted on by the administration. retrofitting government buildings with energ energy-efft technology and fast-track review for infrastructure projects is council recommendations it put in place. some of the council recommendations are at odds with white house positions when you call to allow u.s. companies to avoid taxes on the overseas profits. republicans say serve as nothing more than a political show. >> once in
let's go to rich edson for more. rich: they will begin a new effort to work with the business community. republicans charge the jobs council is nothing more than a facade designed to make voters and the president actually listened to businesses which we had no business doing so. including business and labor. meeting four times with the president. the last time more than a year ago. the recommendations to the jobs council were considered in the context of the president's broader economic policy...
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Jan 24, 2013
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let's go to rich edson. he is in washington what we may be expecting here momentarily, rich. >> a national transportation safety board presentation feeting turing lab and test results of the battery that caught fire earlier this month in boston the government grounded all 787 dreamliners after another boston incident and another forced an emergency landing of a tokyo-bound flight. boeing's problem of the 787 dreamliner reach back to issues with suppliers and delays that pushed deliveries back for years of the as for the battery issues, transportation secretary ray lahood says we're working diligently with boeing to figure out a problem and find a solution. our goal is to get this done as quickly as possible but we must be confident the problems are corrected before we move forward. some in the airline industry say these setbacks are common when rolling out new planes. united ceo said on the airline's earnings call says he has confidence in the dreamliner and boeing's ability to fix it. he says united plans t
let's go to rich edson. he is in washington what we may be expecting here momentarily, rich. >> a national transportation safety board presentation feeting turing lab and test results of the battery that caught fire earlier this month in boston the government grounded all 787 dreamliners after another boston incident and another forced an emergency landing of a tokyo-bound flight. boeing's problem of the 787 dreamliner reach back to issues with suppliers and delays that pushed deliveries...
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Jan 14, 2013
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rich edson is in washington, d.c. with the details. rich? >> both sides dug in, and president obama refuses to negotiate, congress should clear the way and put the responsibility squarely on congress. >> this is a matter of congress authorizes spending. they order me to spend. they tell me you need to fund our defense department at such and such a level. you need to send out social security checks. you need to make sure that you are paying to care for our veterans. they lay all of this out for me, and because they have the spending power, and so i am required by law to go ahead and pay these bills. >> the president did sign all of that in appropriations into law. the white house also saying, the president also says he believes in his administration, they are about half way there in deficit reduction, and that modest changes to health care, entitlement spending could accompany the closing the tax loopholes. a marker on a future negotiation. house speaker bane says in response that the house does it job and passes responsible legislation that
rich edson is in washington, d.c. with the details. rich? >> both sides dug in, and president obama refuses to negotiate, congress should clear the way and put the responsibility squarely on congress. >> this is a matter of congress authorizes spending. they order me to spend. they tell me you need to fund our defense department at such and such a level. you need to send out social security checks. you need to make sure that you are paying to care for our veterans. they lay all of...
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cheryl: rich edson live on capitol hill. you will be there all afternoon, possibly into the early evening. thank you very much. once again, we are going to be awaiting a press from nancy pelosi, democratic leader in the house after the conclude their meeting which at this point is still happening with vice-president biden on capitol hill. fox business this year. we will go back to regular programming in be joining you back again once we get more news to bring you. . >> it is a virtuous cycle. almost as a global culture of giving among the top echelon. john: of "forbes" 400 list? >> exactly. we throw it against the wall to see if it sticks. john: you do something else? >> we give awards to social entrepreneurs. we focus on organizations working outside of government because we feel societe has more flexibility ban government contractors. charities used to be independent but now are contractors to the government. that is all you need the social impact bond to hold them accountable. john: i would rather use the money than gover
cheryl: rich edson live on capitol hill. you will be there all afternoon, possibly into the early evening. thank you very much. once again, we are going to be awaiting a press from nancy pelosi, democratic leader in the house after the conclude their meeting which at this point is still happening with vice-president biden on capitol hill. fox business this year. we will go back to regular programming in be joining you back again once we get more news to bring you. . >> it is a virtuous...
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rich edson is live on capitol hill in washington dc to bring us up to speed on the latest. it will be get a vote tonight? >> we could get a vote tonight. reporter: they will be heading up to meeting and some details exams in $400,000 for individuals, $450,000 for married couples. from a tax increase. it would go back to clinton era rates for capital gains dividends under $450,000 per year would save the current rate. income amounts above that, we are talking about a 20% tax. taxes would increase there. the alternative minimum tax would be couch. it sounds tens of millions of middle-class americans, and this would be a permanent exemption for those people. as for the estate tax, it would go to 40%. there would be a one-year extension of long-term unemployment benefits. adam: what is the sticking point? it seems to me that the democrats felt they wanted, even a delay on the spending cuts. reporter: they did, and that's the problem. it is the delay on the spending cuts democrats wanted to delay the automatic spending cuts for the first few months. known as the sequester. $94 b
rich edson is live on capitol hill in washington dc to bring us up to speed on the latest. it will be get a vote tonight? >> we could get a vote tonight. reporter: they will be heading up to meeting and some details exams in $400,000 for individuals, $450,000 for married couples. from a tax increase. it would go back to clinton era rates for capital gains dividends under $450,000 per year would save the current rate. income amounts above that, we are talking about a 20% tax. taxes would...
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Jan 21, 2013
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if rich edson is still with us, if you watch this, this latest overture by republicans to extend the debt limit or give themselves, as i said, more wiggle room to iron out their differences, the president risk overplaying his hand and could they risk seeking another deadline extension of any heat? rich: absolutely. remember, the president says he is not negotiating the debt limit. it should have no strings attached to it. republicans ultimately want spending cuts. in this case they get a procedural victory. with the fight, they start to have a different fight first. you put the debt ceiling off for a few months. now you start discussing those automatic spending cuts known as a still questionnaire. they want to get this on what they call their home turf and basically talk about spending. they want to move the spending cuts conversation up and continued that through the debt ceiling. there are these number of deadlines coming up. by doing this, they move up the spending that conversation. they hope to get the ball rolling there and hope to continue that through the next round of debt c
if rich edson is still with us, if you watch this, this latest overture by republicans to extend the debt limit or give themselves, as i said, more wiggle room to iron out their differences, the president risk overplaying his hand and could they risk seeking another deadline extension of any heat? rich: absolutely. remember, the president says he is not negotiating the debt limit. it should have no strings attached to it. republicans ultimately want spending cuts. in this case they get a...
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Jan 18, 2013
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dagen: rich edson in virginia. rich: it is beautiful. a lot nicer than it was yesterday as republicans have concluded their three-day retreat and is about how to extract the most spending cuts and make the most structural spending changes over the number of budget fight and win the debt ceiling, the sequester. government budgeting the deadline hits march. one republican leadership says republicans are when it comes to the debt ceiling settling on a strategy. >> the one thing is we have set a structure moving a short-term so people don't have a fear economically of where we are and are able to move forward to solve this problem once and for all. rich: the strategy would be a short-term debt increased to work on the other spending points and come back to the debt ceiling perhaps in a few months. he says he is not sure when the timing of that vote would be, he only says sooner rather than later. connell: republicans have become of this retrieve a message that resonates with working people and says william berg is just group therapy. chris u
dagen: rich edson in virginia. rich: it is beautiful. a lot nicer than it was yesterday as republicans have concluded their three-day retreat and is about how to extract the most spending cuts and make the most structural spending changes over the number of budget fight and win the debt ceiling, the sequester. government budgeting the deadline hits march. one republican leadership says republicans are when it comes to the debt ceiling settling on a strategy. >> the one thing is we have...
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ashley: rich edson, the latest on jack lew. rich, thank you very much. we have some breaking news for you, very interesting indeed. major league baseball announcing no one, no players will be inducted into the baseball hall of fame this year. there are highly controversyal because some of the game's top players were eligible for the first time. of course steroid scandals, have plagued the legacy of barry bonds and roger clemens among others on that list. there you have it. no one inducted into the baseball hall of fame. very unusual. tracy: very unusual. they said of the 600 voters they were expecting many to just return a blank form, you know, basically saying people used steroids should not be in the hall of fame. ashley: i guess they have spoken. tracy: wow! as a mother of a baseball player kind of happy about it. sorry. ashley: don't be sorry. tracy: sorry. set an example here. will jack lew's nomination for treasury secretary impact these markets? joining us with more on that plus some of the biggest issues he sees facing the market this year, black
ashley: rich edson, the latest on jack lew. rich, thank you very much. we have some breaking news for you, very interesting indeed. major league baseball announcing no one, no players will be inducted into the baseball hall of fame this year. there are highly controversyal because some of the game's top players were eligible for the first time. of course steroid scandals, have plagued the legacy of barry bonds and roger clemens among others on that list. there you have it. no one inducted into...
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Jan 25, 2013
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rich edson ahead on why wall street should fear mary jo. cheryl: al gore flaunting his new book critical of the media, he just made big bucks on. that is wrong with the picture. here's how world currencies are faring against the u.s. dollar. we will be right back. ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> 20 minutes past the hour your fox news minute, florida appeals court has thrown out four of two misdemeanor charges casey anthony faced about wind about her daughter cayley's disappearance in 2008. kc anthony was acquitted of murder i
rich edson ahead on why wall street should fear mary jo. cheryl: al gore flaunting his new book critical of the media, he just made big bucks on. that is wrong with the picture. here's how world currencies are faring against the u.s. dollar. we will be right back. ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they...
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Jan 16, 2013
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rich edson, glad you could stick around and talk to us. we're 29 days away from the debt ceiling d-day. ashley: we are. tracy: will be valentine's day actually. ashley: not pretty though. as you just said, tracy, less than a month away from hitting the debt ceiling. while several ideas have been floated to address it our next guest says it is time to skip the gimmicks to reach a long-term solution. wouldn't that be nice. tracy: imagine. ashley: maya mcginn necessary, committee for responsible budget and head of the campaign to fix the debt. maya, democrats came out with a new plan to eliminate the federal debt ceiling. tim geithner thinks we should eliminate it. ben bernanke thinks we should eliminate it. moody's a while ago why are we using a debt ceiling because we're one of the few countries left in the world that does. we have a debt ceiling but look at the debt problem we're in. what good is it? >> well, i think as it stands right now the debt ceiling is one of the only reminders that's there to push action. if we take a step back, th
rich edson, glad you could stick around and talk to us. we're 29 days away from the debt ceiling d-day. ashley: we are. tracy: will be valentine's day actually. ashley: not pretty though. as you just said, tracy, less than a month away from hitting the debt ceiling. while several ideas have been floated to address it our next guest says it is time to skip the gimmicks to reach a long-term solution. wouldn't that be nice. tracy: imagine. ashley: maya mcginn necessary, committee for responsible...
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rich edson on capitol hill with the latest on if there will be a vote and the vice president getting involved once again. what is the latest? >> he will arrive sometime this evening because there are a number of senate democrats have issue with the framework between vice president joe biden, the senator himself and senate minority leader mitch mcconnell. the framework of that, the tax portion is a done deal exempting income of $400,000 for individuals, $450,000 for married couples, families from a tax increase. it also puts the capital gains tax keeping it consistent to me to those rates for income above that capital gains tax goes to 20%. presley patches the minimum tax ensuring live we as americans dt have to pay the estate tax goes to 40% on all mounts of $5 million a one-year extension of long-term unemployment benefits as part of this. also what is known as the medicare doctors getting a pay cut every so often, congress goes back and fills it in, this involves that as well. >> is a vic the vice president g to do strong-arming or some dealmaking promises or is he just trying to r
rich edson on capitol hill with the latest on if there will be a vote and the vice president getting involved once again. what is the latest? >> he will arrive sometime this evening because there are a number of senate democrats have issue with the framework between vice president joe biden, the senator himself and senate minority leader mitch mcconnell. the framework of that, the tax portion is a done deal exempting income of $400,000 for individuals, $450,000 for married couples,...
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Jan 22, 2013
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with the very latest, rich edson, rich? >> inauguration day, dedicated to american democracy and yesterday a spirit of bipartisanship trumpeted by democrats and republicans. that lasted until about this morning. some corners last evening. democrats and republicans arguing over some of the details over president obama's speech. democrats saying it laid out a clear second term agenda for president obama. the republican national committee say it is a rallying cry for liberals. already we're seeing the same differences between democrats and republicans on jobs, on spending an entitlement spending. >> a simple proposition they would insist on cuttings to -- cuts to medicare, medicaid, social security, in return for doing their job, paying their bills. that, was obviously something the president could not and would not support. >> in short democrats put off the hard stuff until now. and our problems have only gotten worse. but that was the first term. >> the house is getting set to vote on the republican debt ceiling proposal tom
with the very latest, rich edson, rich? >> inauguration day, dedicated to american democracy and yesterday a spirit of bipartisanship trumpeted by democrats and republicans. that lasted until about this morning. some corners last evening. democrats and republicans arguing over some of the details over president obama's speech. democrats saying it laid out a clear second term agenda for president obama. the republican national committee say it is a rallying cry for liberals. already we're...
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Jan 14, 2013
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connell: rich edson standing by. he is standing outside of the white house. rich: the administration's position is they will not negotiate with republicans in congress. they just want congress to increase the debt ceiling. we got a knock down from the treasury department that the treasury can print a $1 million coin to get out of this. there was a statement from jay carney who says there are only two options to deal with the debt limit. congress can pay its bills or fail to act and put the nation into the fall. it will not necessarily be a default if we pay our creditors. if we get beyond that that feeling, sometime in mid-february range, if we get there, how does the administration prioritize its payments. republicans, however, they will discuss their strategy on how exactly to pay this debt ceiling pipe. connell: thank you very much. the news conference a few minutes away. dagen: let's bring in political analyst doug shoen. he is a fox news contributor. first up, how ugly will this fight the? >> i think it will be very ugly. president obama is locked into a
connell: rich edson standing by. he is standing outside of the white house. rich: the administration's position is they will not negotiate with republicans in congress. they just want congress to increase the debt ceiling. we got a knock down from the treasury department that the treasury can print a $1 million coin to get out of this. there was a statement from jay carney who says there are only two options to deal with the debt limit. congress can pay its bills or fail to act and put the...
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rich edson has the latest. rich, they don't take a breath, but keep on trucking, huh? >> it's already started, cheryl. you know, there's $200 billion worth of deficit spending left before the country exceeds the debt ceiling, and treasury says it could be two months, waiting for an update from them, but after the fiscal cliff bill passed, president obama says congress, and then hementses an increase in the debt ceiling, no strings attached. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws they passed. let me repeat, we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. adam: president doesn't want another debate, having another debate, this from the house speaker boehner after the bill passed, and now the focus is spending. that he re-elected a republican majority in th
rich edson has the latest. rich, they don't take a breath, but keep on trucking, huh? >> it's already started, cheryl. you know, there's $200 billion worth of deficit spending left before the country exceeds the debt ceiling, and treasury says it could be two months, waiting for an update from them, but after the fiscal cliff bill passed, president obama says congress, and then hementses an increase in the debt ceiling, no strings attached. >> while i will negotiate over many...
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Jan 25, 2013
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rich edson in washington, d.c. with the latest. everyone hears climate change they think solyndra. >> a number about different policies, tracy. the president's second term arriving with consequential digses on carbon emission standards and whether to allow the construction of a pipeline from canada to texas. the president explicit comments on climate change, his pick, secretary of state john kerry offer ad strong defense of energy policies in his confirmation hearing. one analyst said the administration pursued the green energy agenda in the first term. how green it will be in the second? he says we may find out next month. >> if the inaugural address was merely a tip of the hat to environmentalists that are long suffering then the state of the union could begin a trend that would indeed suggest this administration will change its dance and maybe press the green button over at epa that fires off a fuselage of new regulations. >> if confirmed, secretary of state john kerry could decide the future of the keystone pipeline. a spokespe
rich edson in washington, d.c. with the latest. everyone hears climate change they think solyndra. >> a number about different policies, tracy. the president's second term arriving with consequential digses on carbon emission standards and whether to allow the construction of a pipeline from canada to texas. the president explicit comments on climate change, his pick, secretary of state john kerry offer ad strong defense of energy policies in his confirmation hearing. one analyst said the...
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Jan 28, 2013
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rich edson joins us with the latest on that. hey, rich. >> the government pay watchdog says treasury should have driven a harder pay bargain at three of the topped bailout companies. the inspector general report highlights executive pay at aig, general motors and allied financial still under government approval. they convinced treasury to roll back the guidelines by approving multimillion dollar pay packages, high cash salaries and huge pay raises and removing compensation to metrics. taxpayers can not look out for taxpayer interest on pay proposed by companies that historically pushed back on pay limits. they approved pay packages $5 million for a quarter of top executives. 30% made between 3 and 4 million. every top executive except for one, poor guy, made at least a million. general motors asked to be exempt from government pay oversight. the reaction from treasury? the paymaster says the government has limited excessive compensation while keeping compensation at levels enabled the exceptional recipients to remain competitive
rich edson joins us with the latest on that. hey, rich. >> the government pay watchdog says treasury should have driven a harder pay bargain at three of the topped bailout companies. the inspector general report highlights executive pay at aig, general motors and allied financial still under government approval. they convinced treasury to roll back the guidelines by approving multimillion dollar pay packages, high cash salaries and huge pay raises and removing compensation to metrics....
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Jan 17, 2013
01/13
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ahead, rich edson is live from the g.o.p. retreat in williamsburg, virginia, with the latest. >> they just wrapped their latest discussion on the next 90 days and all the deadlines and consequences of them coming up. there is the debt ceiling to have to deal with, there is government spending that expires in march and those automatic spending cuts, sequestration is supposed to hit the federal budget. and right now it appears a strategy that republicans are beginning to coalesce around, perhaps a short-term debt ceiling increase, pass that through the house with spending cuts, deal with the other elements of government spending and then set up a protracted argument or debate over the debt ceiling going forward. as republicans say, when it comes to their strategy, cutting spending is imperative. melissa: there's no celebration the fact we're a nation of $16 trillion in debt and you have someone in the white house that says to do the one thing that makes absolutely no sense whatsoever, and that is raise the debt ceiling with no
ahead, rich edson is live from the g.o.p. retreat in williamsburg, virginia, with the latest. >> they just wrapped their latest discussion on the next 90 days and all the deadlines and consequences of them coming up. there is the debt ceiling to have to deal with, there is government spending that expires in march and those automatic spending cuts, sequestration is supposed to hit the federal budget. and right now it appears a strategy that republicans are beginning to coalesce around,...
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Jan 29, 2013
01/13
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FOXNEWS
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rich edson, thank you. patti ann: well, the gun control debate taking center stage in the senate tomorrow. universal background checks are one measure everyone seems to agree on, but the current system has a lot of problems. william la jeunesse has more on that for us now from los angeles. hi, william. >> reporter: a cornerstone of that system to stop the bad guys from getting guns starts with this form that you fill out when you want to buy a gun. are you mentally ill, do you use marijuana or any depressant? if you lie, there's a huge fbi database that's supposed to stop that sale, but even the federal government admits it's full of holes and few lie years are ever punished. it is the first line of defense against gun crime, the background check. >> this is to make sure that you don't have anything prohibiting in your past that would keep you from owning a firearm. >> reporter: felons, fugitives, domestic abusives, drug users, illegal aliens, among others, cannot buy a gun. >> they're going to take ten day
rich edson, thank you. patti ann: well, the gun control debate taking center stage in the senate tomorrow. universal background checks are one measure everyone seems to agree on, but the current system has a lot of problems. william la jeunesse has more on that for us now from los angeles. hi, william. >> reporter: a cornerstone of that system to stop the bad guys from getting guns starts with this form that you fill out when you want to buy a gun. are you mentally ill, do you use...
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Jan 11, 2013
01/13
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rich edson at the white house with the very latest. rich? >> well, ashley that is the real question in this relationship. after jean-rene fourtou when the nato -- after 2014 will there be any legal protection with the wind down in troops. president obama announcing a change in mission. take a listen. >> starting this spring, our troops will have a different mission training advising, assisting afghan forces. it will be a historic moment. >> president obama says we can expect the next drawdown announcement in the next few months. also at the white house starting really in less than 15, 20 minutes or so, vice president joe biden meeting with videogame executives. this is part of a lengthy series, going on for a week. vice president joe biden leading a coalition on gun violence. he will write a report or offer a report to the president. he will deliver it on tuesday. we have a head's up on which videogame companies will be here it includes a number of them. activision, electronic arts, epic games, software ratings board, gamestop and a few othe
rich edson at the white house with the very latest. rich? >> well, ashley that is the real question in this relationship. after jean-rene fourtou when the nato -- after 2014 will there be any legal protection with the wind down in troops. president obama announcing a change in mission. take a listen. >> starting this spring, our troops will have a different mission training advising, assisting afghan forces. it will be a historic moment. >> president obama says we can expect...
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Jan 11, 2013
01/13
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rich edson is with us now for more on all of this. so, rich, for today what is the expectation from these meetings? >> reporter: good afternoon, jenna. we should know the specifics on the recommendations tuesday, that's when vice president joe biden says he will deliver those recommendations on gun violence to president obama's desk. now, whether they include executive orders or something that would have to pass through congress remains to be seen, though, as far as what will be in these recommendations, the vice president did offer a preview. >> there's an emerging set of recommendations not coming from me, but coming from the groups we've met with. and i'm going to focus on the ones that relate primarily to gun ownership and the type of weapons tack be owned. that can be owned. one is there's a surprising -- so far -- a surprising recurrence of suggestions that we have universal background checks. >> reporter: the vice president met with the national rifle association yesterday. in that statement from the nra saying this task force
rich edson is with us now for more on all of this. so, rich, for today what is the expectation from these meetings? >> reporter: good afternoon, jenna. we should know the specifics on the recommendations tuesday, that's when vice president joe biden says he will deliver those recommendations on gun violence to president obama's desk. now, whether they include executive orders or something that would have to pass through congress remains to be seen, though, as far as what will be in these...